Burney Co. Cuts Stock Position in Omega Healthcare Investors, Inc. $OHI

Burney Co. decreased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 38.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 191,698 shares of the real estate investment trust’s stock after selling 121,982 shares during the quarter. Burney Co.’s holdings in Omega Healthcare Investors were worth $8,400,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Resources Management Corp CT ADV increased its holdings in Omega Healthcare Investors by 300.0% in the 4th quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 450 shares in the last quarter. Ascentis Independent Advisors acquired a new position in shares of Omega Healthcare Investors during the first quarter worth about $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth about $37,000. Smartleaf Asset Management LLC boosted its position in shares of Omega Healthcare Investors by 40.9% in the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 268 shares during the period. Finally, Rothschild Investment LLC grew its stake in shares of Omega Healthcare Investors by 283.7% in the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 698 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Trading Down 0.8%

NYSE:OHI opened at $49.00 on Tuesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32. Omega Healthcare Investors, Inc. has a one year low of $35.70 and a one year high of $49.59. The business’s 50-day simple moving average is $46.75 and its 200 day simple moving average is $45.93. The stock has a market cap of $14.59 billion, a price-to-earnings ratio of 23.67, a price-to-earnings-growth ratio of 2.10 and a beta of 0.58.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The business had revenue of $322.95 million during the quarter, compared to analysts’ expectations of $264.07 million. During the same period in the prior year, the company posted $0.75 EPS. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. As a group, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 3.1 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 5.5%. The ex-dividend date was Monday, May 4th. Omega Healthcare Investors’s dividend payout ratio is 129.47%.

Analyst Upgrades and Downgrades

OHI has been the topic of several analyst reports. Bank of America reiterated an “underperform” rating and set a $46.00 target price (down from $52.00) on shares of Omega Healthcare Investors in a report on Tuesday, April 14th. Truist Financial lowered their price objective on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. Barclays started coverage on shares of Omega Healthcare Investors in a research note on Tuesday. They set an “underweight” rating and a $51.00 price objective on the stock. Raymond James Financial began coverage on shares of Omega Healthcare Investors in a research report on Tuesday, June 16th. They set an “outperform” rating and a $50.00 target price on the stock. Finally, Wells Fargo & Company upped their target price on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $48.50.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.